The typical/expected impact on GBP pairs is medium.
The consensus forecast for GfK Consumer Confidence is -24. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for GfK Consumer Confidence was -21 against a forecast of -24.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next GfK Consumer Confidence result:
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Growth from Knowledge |
| Category: | Consumption |
| Frequency: | Monthly |